Recent figures released now show that there are more retired people
living on the Costa Blanca than in Miami.

Many
are well funded with a lifestyle in their Spanish villas akin to
the one they left behind in their own countries. Such people are
attracted to the various coasts although a small percentage do move
inland. However, Spain does not play host only to the very rich,
others buy into more modest accommodation which is becoming increasingly
available.

Find the right property in the right location and you can expect
your purchase to turn into a healthy investment providing an impressive
return for your children and grandchildren. On this subject you
need to take good advice so as not to get on the wrong side of the
Spanish law of enforced inheritance.

With some parts of Spain having rain only 10 times a year and most
of this during the night - and no water shortages, its unlikely
that pressure for housing in these areas is likely to ease. In fact,
as Britons become better Europeans, more of them seem to be crossing
the channel heading south in search of the sun.

Private health insurance group Bupa reports a steady growth in
the number of UK residents retiring to Spain where it owns the largest
health insurer Sanitas, with one million customers. We can currently
advise on better deals with other insurance companies but watch
the market very closely as it changes quite frequently.

Where they are good, they are very good and Spain is renowned for
having excellent hospitals with well-trained staff, probably more consistent
in quality than can be said in the UK at the moment. However, there
are parts of Spain where it may be better not to be taken ill. But
in truth, relying on the state is probably not an option for expats
who may well need a lot of care in their final years.

The E111 form that guarantees free healthcare across the EU is
interpreted differently in virtually every EU country and in Spain,
from hospital to hospital. In some state hospitals you may find
that relatives are expected to bring in meals and there will be
charges for all ancillary services. Getting someone to push your
wheelchair around might cost a few euros. In other hospitals it
might all be free. Televisions for wards may be available but in
some hospital may have to be hired.

If you can afford it, opt for a comprehensive private medical insurance.
Comprehensive policies for people in the 55 - 60 age year group
will work out at around €720, possibly less if you shop around.